Firm Management

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Sanford-and-Son-3-sanford-and-son-6396285-2560-17221

June 4, 2014 

How Hiring Family Members Can Lower Your Taxes

For business owners, hiring family members as employees can lead to significant tax savings. And in many cases, those savings extend to the family members as well as the business owner. Sole proprietorships and corporations are both entitled to tax savings when they hire family members, but the amount of savings varies according to business…

James Paille

 New Learning Center Helps Firms Achieve Next Generation Success

June 3, 2014 

New Learning Center Helps Firms Achieve Next Generation Success

Leaders from RootWorks, LLC have expanded the company’s continuing education programming for the accounting profession with the opening its new state-of-the-art learning center. The new facility is conveniently located in the PNC Center in Indianapolis, IN and will host an impressive roster of strategic planning workshops developed exclusively for today’s progressive accounting professional.

Isaac M. O'Bannon

 KPMG Acquires Rothstein Kass

May 30, 2014 

KPMG Acquires Rothstein Kass

Big 4 accounting and consulting firm KPMG LLP has acquired the hedge fund group Rothstein Kass, the companies have announced. Most partners and employees of Rothstein Kass will join KPMG.

 IRS Nixes “Pump-and-Dump” Obamacare Strategy

May 27, 2014 

IRS Nixes “Pump-and-Dump” Obamacare Strategy

Employers can’t get around the Obamacare “shared responsibility” provision simply by giving employees tax-free cash to pay for health insurance from a state-run exchange. In effect, this would pump up a worker’s pay and dump them in the marketplace. According to a new question and answer (Q&A) posted on the IRS website, as initially reported…

Ken Berry, JD

 Bay Area Workers Pushing for $15 Minimum Wage

May 26, 2014 

Bay Area Workers Pushing for $15 Minimum Wage

At $10.74 an hour, San Francisco already has the nation's highest big city minimum wage. But it could soon have company, as labor and community activists in cities from Richmond to Sunnyvale push wage increases that could turn the Bay Area into a high-wage hub.